Ethereum's Buy-Side Dominance Holds Key to Short-Term Direction
The Ethereum Taker Ratio recently reached 1.11, indicating buy-side dominance in the market.
This reading above 1 means that orders actively buying at market price outnumber sell orders.
The metric has been oscillating around the baseline, and analysts suggest that whether buying pressure holds steady over the coming days will be key to determining short-term direction.
If buy-side dominance persists alongside rising trading volume and price appreciation, upward momentum could strengthen further.